Related Articles
LNG is already the industry’s clear choice as transitional fuel
Forward article link
Share PDF with colleagues

Shipping faces tough decarbonisation choices

Supply chains will be critical as the maritime sector looks for alternative fuels

Shipping accounts for significant greenhouse gas (GHG) emissions, and the industry is accelerating its efforts to meet ambitious UN decarbonisation goals. But it remains unclear which competing solution—or combination of solutions—will prevail. The International Maritime Organisation (IMO) is targeting a 50pc cut in GHG emissions from shipping by 2050, relative to 2008 figures, and wants to slash the sector’s carbon intensity—the amount of CO2 emitted per ton-mile—by 40pc by 2030 and 70pc by 2050. A coalition of IMO member states —which together control a major share of the world’s shipping tonnage and include Greece, Liberia, Japan, Malta, Switzerland and Singapore—propose the organisation

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Sonangol exits Trafigura’s Puma
20 April 2021
The NOC will sell its stake in Puma Energy in return for the firm’s Angolan assets
European power trading innovation: Data begets more data
20 April 2021
Historic and real-time fundamentals are not the only information show in town, says software provider Kyos
Gabon’s E&P sector stays active
20 April 2021
The west African nation continues to attract upstream investment despite the global contraction in activity
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video